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The French energy company Engie has secured its first hybrid solar and battery storage project in India, following a successful bid in the Solar Energy Corporation of India’s (SECI) national tender, according to a report from Power Technology. The project will combine 200MW of solar photovoltaic (PV) capacity with a 100MW/600 megawatt-hour (MWh) battery energy storage system (BESS), allowing up to six hours of renewable energy storage and supply. The hybrid facility will deliver up to six hours of stored solar power, with commissioning targeted for 2028.
Engie plans to begin development shortly, moving through engineering, procurement and regulatory approval phases before targeting construction and commissioning in 2028. Paulo Almirante, Engie’s senior executive vice-president for renewable and flexible power, said: “Winning our first hybrid solar-plus-storage project in India marks an important step for Engie in a fast-growing market for renewables and flexibility.” He added, “By combining large-scale solar with long-duration storage, we strengthen grid resilience and make it possible to deliver 24/7 renewable power for our customers. This achievement reflects our commitment to building a future-ready, low-carbon energy system and our role as a long-term partner in India’s energy transition.”
This project follows Engie’s recent activities in India, which include its initial stand-alone BESS project with a capacity of 280MW/560MWh, awarded in November 2025 under Gujarat Urja Vikas Nigam Limited’s national tender. That facility, scheduled for commissioning in 2027, will provide two hours of electricity storage to help balance supply during periods of low demand and high consumption. Engie currently has approximately 2GW of operational or under-construction renewable assets across India. These projects form part of Engie’s strategy to increase its installed renewable and energy storage capacity in India to 7GW by 2030.
Large-scale storage is seen as essential to supporting grid stability and reliable clean power delivery as India pursues its target of reaching 500GW of renewable energy generation by the end of the decade. Globally, Engie reported having 55GW of renewable and storage capacity in operation as of September 2025. The company aims to reach a global total of 95GW by the end of this decade, with a battery energy storage portfolio amounting to 5.6GW in operation or under construction as of 30 June 2025. Last month, Engie and Sungrow began construction of the Pelican Point grid-forming BESS project in South Australia.
Source: IndexBox Market Intelligence Platform
This report provides a comprehensive view of the lithium-ion accumulator industry in India, tracking demand, supply, and trade flows across the national value chain. It explains how demand across key channels and end-use segments shapes consumption patterns, while also mapping the role of input availability, production efficiency, and regulatory standards on supply.
Beyond headline metrics, the study benchmarks prices, margins, and trade routes so you can see where value is created and how it moves between domestic suppliers and international partners. The analysis is designed to support strategic planning, market entry, portfolio prioritization, and risk management in the lithium-ion accumulator landscape in India.
The report combines market sizing with trade intelligence and price analytics for India. It covers both historical performance and the forward outlook to 2035, allowing you to compare cycles, structural shifts, and policy impacts.
This report provides a consistent view of market size, trade balance, prices, and per-capita indicators for India. The profile highlights demand structure and trade position, enabling benchmarking against regional and global peers.
The analysis is built on a multi-source framework that combines official statistics, trade records, company disclosures, and expert validation. Data are standardized, reconciled, and cross-checked to ensure consistency across time series.
All data are normalized to a common product definition and mapped to a consistent set of codes. This ensures that comparisons across time are aligned and actionable.
The forecast horizon extends to 2035 and is based on a structured model that links lithium-ion accumulator demand and supply to macroeconomic indicators, trade patterns, and sector-specific drivers. The model captures both cyclical and structural factors and reflects known policy and technology shifts in India.
Each projection is built from national historical patterns and the broader regional context, allowing the report to show where growth is concentrated and where risks are elevated.
Prices are analyzed in detail, including export and import unit values, regional spreads, and changes in trade costs. The report highlights how seasonality, freight rates, exchange rates, and supply disruptions influence pricing and margins.
Key producers, exporters, and distributors are profiled with a focus on their operational scale, geographic footprint, product mix, and market positioning. This helps identify competitive pressure points, partnership opportunities, and routes to differentiation.
This report is designed for manufacturers, distributors, importers, wholesalers, investors, and advisors who need a clear, data-driven picture of lithium-ion accumulator dynamics in India.
The market size aggregates consumption and trade data, presented in both value and volume terms.
The projections combine historical trends with macroeconomic indicators, trade dynamics, and sector-specific drivers.
Yes, it includes export and import unit values, regional spreads, and a pricing outlook to 2035.
The report benchmarks market size, trade balance, prices, and per-capita indicators for India.
Yes, it highlights demand hotspots, trade routes, pricing trends, and competitive context.
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